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Updated over 8 years ago,
North Dallas Subs Needed
Hey guys,
I got a house under contract with a wholesaler. Here are the numbers on the house:
1500 sq ft
3/2/2
Needs foundation work, but really in pretty good shape. Cosmetic work needed.
Here's the issue I'm having. This particular wholesaler (not naming names) showed purchase price of $156k, rehab of $15k, ARV erring on the low side at $210k (I legitimately think we can move this house quick at $215k). The wholesaler assured me that they had a bid from a GC that was willing to do all the work that was needed for the $15k.... Well, turns out, the bid from the GC was for $19,950.
Live and learn on this one.
So! I need help big time. I'm going to sub this whole thing out. This is the north Dallas area in Farmers Branch. Please please please, any referrals to good people at decent prices would be a god send.
- Foundation (pier and beam house) - need to level the subfloor, no major cracks
- Painter
- Carpet/tile
- Prefab cabinets and counter
- Windows (one is a cracked pane that I'm hoping can just be replaced and other is bathroom and I'm thinking we can use a little decorative window there to give it visual interest and it explains why it would look different from the rest)
- Tile in kitchen, carpet in bedrooms
What are your thoughts on using Home Depot for some of this stuff?
Do you think it'd be cheaper if I purchase materials and hire the labor separately?
Thank you guys for any help you can lend on this.